General Provident Fund and other similar funds shall carry interest at the rate of 8% (Eight percent) w.e.f. 1st January, 2019 to 31st March, 2019

Government of India, Ministry of
Finance, Department of Economic Affairs,(Budget Division) issued Resolution
vide F.NO. 5(1)-B(PD)/2018 New Delhi, the 03 January, 2019 regarding the
General Provident Fund and other similar funds shall carry interest at the rate
of 8% (Eight percent) w.e.f. 1st January, 2019 to 31st March, 2019 and details
as follows.

It is announced for general
information that during the year 2018-2019, accumulations at the credit of
subscribers to the General Provident Fund and other similar funds shall carry
interest at the rate of 8% (Eight percent) w.e.f. 1st January, 2019 to 31st
March, 2019. This rate will be in force w.e.f.1st January, 2019. The funds
concerned are: